If you had to choose between a healthy bank balance or a healthy body, which would you prioritize? In other words: your money or your life? A recent survey by TD Bank asked a thousand people that question, and – perhaps unsurprisingly – people were more likely to put their physical health ahead of their financial health.
Diet and fitness goals took priority over financial goals like putting money into savings and reigning in spending. Fifty-four percent of survey respondents said eating...
If you’re feeling optimistic about your money situation lately, you’re not alone. The latest data from the American Institute of CPAs (AICPA) Personal Financial Satisfaction (PFS) Index shows that Americans are riding high when it comes to personal financial satisfaction; they’re more optimistic than they’ve been since the end of 2006.
This 10-year high is the result of three things, says the AICPA. They are: the PFS 750 Market Index’s record high, more job openings per capita, and...
Do you know how much debt credit card debt you carry? A recent survey shows that many people do not – particularly women between the ages of 18 and 36.
Thirty-four percent of Millennial women who have credit card don’t know precisely how much they owe, according to the survey, and 40% who have student loans don’t know the exact amount of that debt. The survey, which asked more than 1200 women about their finances, was conducted by Toluna Quicksurveys for the 1,000 Dreams...
As a result of the drop in the property markets, many homeowners have found themselves in a difficult situation. The drop in property values has left many homeowners with properties whose values are way below what they owe in their mortgages. Thus, should these affected homeowners want to sell their properties, they would have to bring cash to the table.
The mortgage problem is at the forefront of the economic concerns that the Obama administration is trying to solve. Early last March,...
The economic recession, the rise of unemployment, and the fall of the property markets have hit the country quite hard. For the average American, the reality has been rising loan rates, the risk of losing homes, and the threat of unemployment. As a result, every American has had to rethink the way they spend their earnings.
Today, Americans around the country are moving away from their old, consumer-driven spending habits. The order of the day for most Americans is now spending smart. It...
While many Americans are struggling to survive during an economically trying time, many consumers may be surprised to learn what they fear most. Beyond the concerns of war, acts of terrorism, and health crisis on the rise, it a legitimate fear of credit card fraud. Research conducted in early 2009 indicates that as many as 68% of the 1,000 respondents surveyed have a greater fear of being the victim of credit card fraud and having someone access their credit or financial information than of any...
Continue readingAbout 25% of Americans living a cash-only lifestyle prove that it is in fact possible to live a life without credit cards. For the rest of us relying on the convenience of credit cards and the access to money when we may not have the cash flow available – we wonder how it's possible to sustain a life in these modern times without using plastic.
The creators of the FICO credit score, Fair Isaac Corporation, claims approximately 20 to 25 million people in the US do not have credit, with...